Market News
Enodis rises on bid rumours
Sat, 17 May 2008 00:29 BST
Catering equipment group firms 3% on talk that Manitowoc would improve on the 282p-a-share cash offer of Illinois Tool Works
Cash drive hides greater fears
Fri, 16 May 2008 19:16 BST
It is a good time to be an equity capital markets banker. After several years on the periphery, while credit ruled global financial markets, ECM departments at the big investment banks are humming again and nowhere more so than in the City and Canary Wharf.
Suitors lining up for British Energy
Sat, 17 May 2008 00:13 BST
The UK's leading nuclear generator has received proposals for potential bids from three separate groups, keeping open the possibility of a contested auction
BA chief to forgo £550,000 bonus
Fri, 16 May 2008 20:23 BST
Willie Walsh takes blame for chaotic opening of Heathrow's Terminal 5 as national flag-carrier reports record profits and hits 10% operating margin for first time
Inflation woes heighten investors' uncertainty
Fri, 16 May 2008 19:04 BST
Inflation concerns were never far from investors' minds this week as oil prices hit a new record and the Bank of England issued an exceptionally gloomy economic forecast
HSBC investors warned over pay policy
Wed, 14 May 2008 23:32 BST
HSBC could be in breach of best practice on pay, shareholders of the UK bank have been warned, ahead of the vote at the annual meeting on remuneration
No interest rate cut for two years, Bank warns
Wed, 14 May 2008 21:36 BST
The UK economy is set for a sharper, more prolonged slowdown in growth than the Bank thought likely in February, but the short-term spike in inflation will be much more severe and persistent than anticipated
Nielsen steps back from move on TNS-GfK merger
Wed, 14 May 2008 19:24 BST
Nielsen played down its interest in breaking up the agreed merger between two rival market research groups, Taylor Nelson Sofres and GfK
Malay group takes 20% Johnston Press stake
Wed, 14 May 2008 14:23 BST
The regional newspaper owner launched a rights issue and a subscription to raise £212m to stave off a breach in the media group's covenants, which will see a new Malaysian investor take a 20% stake
ScS shares plunge after fresh warning
Wed, 14 May 2008 11:33 BST
A profit warning from the sofa retailer sent shares sharply lower and underscored the difficulties sellers of large-ticket items are facing as the housing market slows
Economic woes begin to hit UK jobs market
Wed, 14 May 2008 10:06 BST
Signs that the credit crunch and stuttering economic growth have begun to hit the jobs market have emerged with official figures showing the number of people claiming jobless benefit has risen for the third month in a row.
CPI surge poses King with fresh dilemma
Wed, 14 May 2008 08:03 BST
Consumer price inflation exceeded all expectations by rising to 3 per cent in April. The news wiped out market expectations of further interest rate cuts this year
Shell to help plug Nigeria shortfall
Wed, 14 May 2008 03:46 BST
The Anglo-Dutch oil company is close to providing the government with a package of loans to help meet funding gaps that has cut production at one of its major ventures
Redrow adds to housebuilders' woes
Tue, 13 May 2008 08:31 BST
Redrow blamed trading conditions and the reduced availability of mortgages for deterioration in the housing market
Shoppers 'positive' on Tesco's US stores
Mon, 12 May 2008 23:48 BST
Tesco's ambitious attempt to break into the US grocery market with its Fresh & Easy convenience chain appears to be gaining traction with local shoppers, according to independent research seen by the Financial Times
Powered by InsiderRSS
